Treasurys strengthen ahead of 30-year auction

NEW YORK (MarketWatch) -- Treasury prices rose Thursday morning, sending yields lower ahead of a $16 billion auction of 30-year
TMUBMUSD30Y, +0.00%
bonds. The firmer pricing in Treasurys went alongside relative strengthening of German bunds
TMBMKDE-10Y, +0.00%
against other European bond markets. The 30-year bond yield dropped 1 basis point to 2.965% while the 10-year note
TMUBMUSD10Y, +0.00%
dropped 2 basis points to 1.786%, and the 5-year note dropped 1.5 basis points to 0.728%. U.S. initial weekly jobless claims are out at 8:30 a.m., a week after hitting their lowest levels since January 2008.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.